New Zealand: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in New Zealand

In 2021, after two years of decline, there was significant growth in the New Zealand market for articles of asbestos-cement, of cellulose fibre-cement, when its value increased by 17% to $X. Overall, consumption, however, saw a perceptible decrease. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in New Zealand

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 29% against the previous year. Production of peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports from New Zealand

In 2021, overseas shipments of articles of asbestos-cement, of cellulose fibre-cement were finally on the rise to reach X tons after two years of decline. Over the period under review, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 2,645% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement skyrocketed to $X in 2021. In general, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 2,407%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for exports of articles of asbestos-cement, of cellulose fibre-cement from New Zealand, accounting for a 36% share of total exports. Moreover, exports of articles of asbestos-cement, of cellulose fibre-cement to Australia exceeded the volume sent to the second major destination, Fiji (X tons), twofold. The third position in this ranking was taken by Tonga (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Australia totaled +64.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+66.1% per year) and Tonga (+9.0% per year).

In value terms, Australia ($X) remains the key foreign market for articles of asbestos-cement, of cellulose fibre-cement exports from New Zealand, comprising 50% of total exports. The second position in the ranking was taken by Fiji ($X), with a 12% share of total exports. It was followed by Tonga, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Australia totaled +41.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+24.6% per year) and Tonga (-9.1% per year).

Export Prices by Country

In 2021, the average export price for articles of asbestos-cement, of cellulose fibre-cement amounted to $X per ton, dropping by -20.9% against the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 35%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cook Islands ($X per ton), while the average price for exports to Norfolk Island ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (-5.6%), while the prices for the other major destinations experienced a decline.

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports into New Zealand

In 2021, purchases abroad of articles of asbestos-cement, of cellulose fibre-cement decreased by -32.3% to X tons, falling for the second consecutive year after four years of growth. In general, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2013 when imports increased by 164%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement dropped notably to $X in 2021. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 131% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, New Caledonia (X tons) constituted the largest articles of asbestos-cement, of cellulose fibre-cement supplier to New Zealand, with a 58% share of total imports. Moreover, imports of articles of asbestos-cement, of cellulose fibre-cement from New Caledonia exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from New Caledonia stood at -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-6.6% per year) and China (-6.3% per year).

In value terms, New Caledonia ($X) constituted the largest supplier of articles of asbestos-cement, of cellulose fibre-cement to New Zealand, comprising 68% of total imports. The second position in the ranking was held by China ($X), with a 26% share of total imports.

From 2012 to 2021, the average annual growth rate of value from New Caledonia totaled -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.3% per year) and Indonesia (-10.6% per year).

Import Prices by Country

The average import price for articles of asbestos-cement, of cellulose fibre-cement stood at $X per ton in 2021, increasing by 14% against the previous year. In general, the import price continues to indicate mild growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 70%. The import price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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